Atam Pargas USA

Analysis

Atam Pargas USA is a registered charity in United States, based in Vacaville, CA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Atam Pargas USA reported income of $173k and spending of $23k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $579k to $173k (-70%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Atam Pargas USA sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Stockyard Saloon Foundation ($173k), Millikin Severance No 2 Fund A-2 ($173k) and Timber Pointe Charitable Foundation Inc ($173k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $192k against liabilities of $970, net assets of $191k.